YEARLY HIGH
212.5345 IQD
YEARLY LOW
171.9649 IQD
YEARLY AVERAGE
173.4739 IQD

2020 BOB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 212.5345. Conversely, the yearly low was recorded on June 29, dropping to 171.9649.

This high-to-low spread represents a total annual volatility of 40.5696 IQD. From a start-to-finish perspective, comparing the January average rate of 172.3809 to the December average rate of 182.9663, the exchange rate registered a net change of 6.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 212.5345 was up 22.49% compared to the 2019 peak of 173.5123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 1,062,672 IQD
2019 Average 861,858 IQD
Yearly Trough Low 859,824 IQD
Transaction Impact: A difference of 202,847.99 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

184.0310
171.2557
JanuMarcMayJulySeptNove

BOB to IQD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 172.5630, compared to 174.3849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8219 points.

H1 Avg (Jan–Jun) 172.5630
H2 Avg (Jul–Dec) 174.3849

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 40.1294 IQD (High: 212.5345 / Low: 172.4051). On the other end, February was the most stable month, with a tight range of 0.6419 IQD (High: 172.6405 / Low: 171.9986).

December Spread (Volatile) ±40.1294
February Spread (Stable) ±0.6419

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2097 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 182.9663) against the same month in 2019 (average: 172.3685), the exchange rate shifted by +10.5978 (+6.15%).

2020 Avg (December) 182.9663
2019 Avg (December) 172.3685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 172.8911 172.0543 172.3809
February 172.6405 171.9986 172.3203
March 174.3080 172.1681 172.9415
April 174.1566 172.2983 172.7436
May 173.3926 172.1255 172.5861
June 172.7672 171.9649 172.4054
July 173.0196 172.0931 172.5622
August 173.4972 172.1381 172.8216
September 173.1423 172.3081 172.6119
October 173.4096 172.1256 172.5978
November 173.1649 172.2883 172.7495
December 212.5345 172.4051 182.9663